STMicroelectronics (STM) has released an update.
STMicroelectronics has reported the repurchase of 254,850 of its own shares between July 15 and July 19, 2024, under its common share repurchase program. The buybacks, executed on the Euronext Paris market, amounted to a total of EUR 9,736,472.80, with the goal of fulfilling obligations from share option programs and other employee allocations. Following the transactions, the company holds approximately 1.0% of its issued share capital in treasury.
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